Investment Land in Okinawa City with Rising Lease Value
This 579 square meter plot of land, located in the Awase area of Okinawa City, presents a unique investment opportunity within the boundaries of the Awase Communications Facility, a U.S. military installation. The land is offered for sale at a price of 42,370,000 yen. A key feature of this property is its rising annual land lease fee, which is noted to be increasing year over year, making it an asset for secure investment growth.
Critical agent notes provide essential financial and legal details. The land lease ratio is approximately 49 times. The annual land lease fee is 864,744 yen. There is a provision for prorated settlement of public charges and the land lease fee. The fixed asset tax is 93,522 yen. An annual landowner association fee of 3,459 yen (0.4%) applies. The brokerage commission is 1,464,210 yen (including tax). The cost of ownership transfer registration is to be shared equally between the seller and the buyer. There is no scheduled return of the land. The title is under a single name. The official land category is miscellaneous land (public register)/type: prospective residential land. Please note that the land category on the fee statement is "field." The displayed price (including land lease fee) is calculated per square meter. Please be aware that the final amount may vary slightly due to rounding methods for decimal places.
The Awase district in Okinawa City is a developing area on Okinawa's east coast. An interesting local fact is its proximity to the Awase Tidal Flat, an important Ramsar-registered wetland that is a haven for migratory birds. The area is also conveniently located for access to major Okinawan attractions, with the famous Okinawa Comprehensive Athletic Park, often simply called "Okinawa Stadium," being a short drive away. This large sports and event complex hosts concerts and sporting events, drawing visitors from across the prefecture.
